Capcom (OTCMKTS:CCOEY) Shares Gap Down - Here's What Happened

Key Points

• Capcom's share price gapped down, opening at $14.60 after a previous close of $15.30, and last traded at $14.78.
• The company's recent earnings report showed a miss in forecast, with an earnings per share (EPS) of $0.20 against expectations of $0.21.
• Capcom reported revenue of $546.15 million for the quarter, which was lower than analysts' expectations of $595.99 million.
• The company continues to maintain a robust market cap of $15.62 billion with strong financial ratios, including a net margin of 28.51%.

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $15.30, but opened at $14.60. Capcom shares last traded at $14.78, with a volume of 421 shares.

Capcom Trading Up 1.7%

The company has a market cap of $15.62 billion, a price-to-earnings ratio of 38.55 and a beta of 0.71. The firm has a 50-day moving average price of $15.31 and a 200 day moving average price of $13.52. The company has a current ratio of 3.77, a quick ratio of 2.99 and a debt-to-equity ratio of 0.03.

Capcom (OTCMKTS:CCOEY - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). The firm had revenue of $546.15 million during the quarter, compared to analyst estimates of $595.99 million. Capcom had a return on equity of 23.33% and a net margin of 28.51%. As a group, sell-side analysts forecast that Capcom Co., Ltd. will post 0.4 EPS for the current year.

Capcom Company Profile

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms, as well as mobile content and PC online games.